• CBN edges towards free float of naira with discontinuation of cap on forex transactions

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    CBN edges towards free float of naira with discontinuation of cap on forex transactions

    The Central Bank of Nigeria (CBN) has announced significant reforms in the foreign exchange market, signaling a stride towards a market-driven exchange rate mechanism, potentially paving the way for a free float of the Naira. This follows last week’s circular…

    Posted on studiocb55

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